How many new car sales does it take to pay one senior salary? That's the question. Chief of Staff? They need a Customer Services Guru more, dare I suggest?
As an Investindustrial appointment, it may be that they will pick up his salary. This is a regular senior shareholder management technique where they need anything from a specific task to a general review completed. It gives the incumbent the authority & position to act for the benefit of both entities without burdening the junior company with the cost. It's usually a short-term strategy but is often a precursor to significant structural changes.
Pure speculation of course but we will see......
Last edited by OZ 4/4; 02/11/2210:39 PM.
A Morgan Identified Fastidious Owner... 2011 4/4 Bespoke, 1981 Delorean, Auburn Boat Tail